Wednesday, November 7, 2012

Brent steadies under $108; US elections, Greece in focus

SINGAPORE (Reuters) - Brent oil traded in a tight range below $108 per barrel on Tuesday, caught between uncertainty ahead of the U.S. elections and renewed worries about Greece and the euro zone crisis, which could delay global economic recovery and hurt oil demand.

President Barack Obama and Republican challenger Mitt Romney were essentially deadlocked on the election eve, polls show, raising concerns of a cliffhanger delaying the outcome and roiling markets, as it did during the extended presidential battle in 2000.

Adding to the worries was news that a deal to keep near-bankrupt Greece afloat may not be reached at a euro zone finance minister's meeting next week.

Front month Brent futures were up 11 cents at $107.84 per barrel by 0339 GMT, trading in a tight 37-cent range so far in the session. Brent rallied nearly 2 percent in the previous session, backed by strength in U.S. gasoline futures.

U.S. crude slipped 4 cents to $85.61 per barrel.

"Trading volumes have been thin as the focus is on the U.S. elections at the moment," said Ker Chung Yang, senior investment analyst at Phillip Futures in Singapore.

The absence of a decisive win and a clear Congress majority raises the chances of messy negotiations over the "fiscal cliff" - nearly $600 billion worth of spending cuts and tax increases that risks pushing the U.S. economy into deep recession, analysts say.

Investors are also monitoring the aftermath of superstorm Sandy on the east coast and the Greek situation, Ker said.

"In Europe, there are concerns Greece may not get the funding and the argument that Greece could quit the euro may come back to haunt the risk sentiment of investors," he said.

EUROPE WORRIES

Euro zone debt concerns raised their heads once more as hopes of a fresh funding deal for Greece at a November 12 meeting of ministers were dashed.

Lawmakers were yet to find a formula that would make Greek debt sustainable, an European Union source said.

Athens also needs to push through spending cuts and tax measures worth $17.5 billion, along with a raft of economic reforms that will satisfy EU and IMF lenders.

A 48-hour strike against the proposed measures begins on Tuesday, a day ahead of a key parliamentary vote on labour reforms.

Markets are also eyeing data from the American Petroleum Institute on Tuesday for clues on the impact of superstorm Sandy on oil inventory in the top consumer.

U.S. crude inventories are forecast to have risen by 0.9 million barrels in the week to November 2 while product stocks fell after disruptions to pipelines, imports and refineries, a preliminary Reuters poll of analysts showed on Monday.

Oil prices may get some support as worries about unrest in the Middle East, a key source of crude oil for the world, were revived after a suicide bomb attack in Syria on Monday.

Source: http://news.yahoo.com/brent-steadies-under-108-us-elections-greece-focus-050344529--finance.html

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Rivals think that Sebastian Vettel was lucky to get third place in Abu ...

Rivals think that Sebastian Vettel was lucky to get third place in Abu Dhabi GP ? Formula 1 news

Rival F1 teams have stated that Sebastian Vettel of Red Bull was lucky at the Abu Dhabi Grand Prix when he scored a podium finish despite having to start the race from the pit lane.

Vettel had to deal with an unlucky disqualification during the qualifiers for the race on Saturday. His car suffered a fuel irregularity due to which it could not make it to the pits. The incident was in contrast with the FIA rules so that Vettel was disqualified from his third position on the grid to start the race from the pit lane.

However, come race day, Vettel extracted the quick pace of his car and overtook many rival drivers to achieve his third place behind his championship rival Fernando Alonso of Ferrari but it is being commented upon that the driver was helped by the two safety cars introduced in the race.

?Yes,? McLaren team principal, Martin Whitmarsh, told Autosport when asked if he was surprised with the outcome. ?But I think he was pretty fortunate with safety cars and the general demolition derby that was going on. He didn't have to overtake as many of the quicker cars as he should have, as they were already taken out. I don't think anyone would have expected that many safety cars here, but they were pretty helpful to him and he did a great job to get through.?

Ferrari team principal, Stefano Domenicali, stated that such incidents are part of the sport and Vettel used them to his advantage.

?He did a great race and he was pushing like as normal,? explained Domenicali. ?He had moments where he was lucky or unlucky; it depends on how you see things.?

The Red Bull driver admitted himself that the safety cars turned out to be in his favour and helped him overtake McLaren?s Jenson Button for the third position. Team principal for Red Bull, Christian Horner, was really impressed by Vettel?s determination and the way he raced at the Yas Marina circuit. Horner confessed that they had been not been expecting the podium finish but what happened with this race will be avoided next time.

Source: http://blogs.bettor.com/Rivals-think-that-Sebastian-Vettel-was-lucky-to-get-third-place-in-Abu-Dhabi-GP-Formula-1-news-a199441

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"November Nights" - Fear, Phobias & Obsessions! 11/11 by Talk In ...

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    On his show, Comedian Rodney Perry covers arts and entertainment, everything from comedy and politics to music and acting, with his signature comedic slant.

  • MashUp Radio is a 30-minute podcast that discusses the fusion of technology, life, culture and science. Host Peter Biddle, engineer and executive for Intel?s Atom Software, dishes up a thought-provoking discussion.

  • Deepak Chopra Radio provides an online forum for compelling and thought provoking conversations on success, love, sexuality and relationships, well-being and spirituality.

  • The Bottom Line Sports Show is hosted by former NBA stars Penny Hardaway, Charles Oakley, Mateen Cleaves. Tune in to get the inside scoop on what's happening in sports today.

  • Joy Keys provides her listeners with insight to improve their lives mentally, physically, monetarily and emotionally. Past guests on the show have included Meshell Nedegeocello, Blair Underwood, in addition to an impressive list of CEOs, humanitarians and authors.

  • Hits Radio covers basketball, sports culture and entertainment with past guests including Jason Kidd, Robin Lundberg and Chris Herren.

  • Listeners get an earful on The Halli Casser-Jayne Show, Talk Radio for Fine Minds. Whether it?s the current political cocktail or the latest must-read award-winning book, Halli tackles all topics and likes to stir ? and sometimes shakes ? things up.

  • Award-winning World Footprints is a leading voice in socially responsible travel and lifestyle. Hosts Ian & Tonya celebrate culture and heritage and bring a unique voice to the world of travel.

  • Football Reporters Online is a group of veteran football experts in the fields of coaching, scouting, talent evaluation, and writing/broadcasting/media placement. Combined, the group brings well over 100 years of expertise in sports.

  • Host John Martin interviews the nation's leading entrepreneurs and small biz experts to educate small business owners on how to be successful. Past guests have included Emeril Lagasse and Guy Kawasaki.

  • The Movie Geeks share their passion for the art through interviews with the stars of and creative minds behind your favorite flicks and pay tribute to big-screen legends. From James Cameron and Francis Ford Coppola to Ellen Burstyn and Robert Duvall, The Geeks have got'em all.

  • Sylvia Global presents global conversations pertaining to women, wealth, business, faith and philanthropy. Sylvia has interviewed an eclectic mix from CEOs and musicians to fashion designers and philanthropists including Randolph Duke and Ne-Yo.

  • Seasoned entertainment reporter Robin Milling gets up close and personal with the world's most compelling celebs. From Michael Douglas to Katie Holmes to Kevin Kline to Ashley Judd to America Ferrera, she sits down in person each week with each and every A-lister.

  • Mr. Media host Bob Andelman goes one-on-one with the hottest, most influential minds from the worlds of film, TV, music, comedy, journalism and literature. That means A-listers like Kirk Douglas, Christian Slater, Kathy Ireland, Rick Fox, Chris Hansen and Jackie Collins.

  • Paula Begoun, best-selling author of Don't Go to the Cosmetics Counter Without Me, separates fact from fiction on achieving a radiant, youthful complexion at any age. She?s regularly joined by health and beauty experts who offer the latest on keeping your skin in tip-top shape.

  • Source: http://www.blogtalkradio.com/talkintheshadows/2012/11/12/november-nights--fear-phobias-obsessions

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    Tuesday, November 6, 2012

    UFC schedule notes: Early wake-up call and fights set for Chicago, New Jersey

    -- If you're lucky enough to have Fuel, you're going to have to set your alarm clock to see Saturday's fights live from Macau. The preliminary card starts at 7:15 a.m. ET, and the main card with Rich Franklin vs. Cung Le as the main event starts at 9 a.m. ET. However, there are worse ways to start your day than with some fights.

    -- The UFC and Fox announced part of their 2013 schedule. The first network fights for 2013 will be on Jan. 26 in Chicago. Donald Cerrone's bout with Anthony Pettis is expected to be on that card. The dates they announced are below. If you're as Type-A as I am, you'll immediately put these dates in your calendar:

    Saturday, Jan. 19?? ?Brazil?? ?UFC on FX: BELFORT vs. BISPING
    Saturday, Jan. 26?? ?United Center, Chicago, Ill.?? ?UFC on FOX
    Saturday, Feb. 2?? ?Mandalay Bay, Las Vegas, Nev.?? ?UFC 156: ALDO vs. EDGAR (pay-per-view)
    Saturday, Feb. 16?? ?International Event?? ?UFC on FUEL TV
    Saturday, April 20?? ?City to be announced ?? ?UFC on FOX
    Saturday, April 27?? ?Prudential Center, Newark, N.J.?? ?UFC: JONES vs. SONNEN (pay-per-view)
    Saturday, July 27?? ?City to be announced ?? ?UFC on FOX
    Saturday, Dec. 14?? ?City to be announced ?? ?UFC on FOX

    Source: http://sports.yahoo.com/blogs/mma-cagewriter/ufc-schedule-notes-early-wake-call-fights-set-141220942--mma.html

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    US fiscal cliff, Europe's debt woes worry G20

    WorldMap

    Leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global growth.

    Unless a fractious Congress can move swiftly to reach a deal after the US elections on Tuesday, about $600 billion in government spending cuts and higher taxes are set to kick in from Jan. 1 and could push the US economy back into recession.

    ?If the United States fails to resolve the fiscal cliff it would hit the US economy hard as well as the world and the Japanese economy, so each G20 country will urge the United States to firmly deal with it,? Bank of Japan Governor Masaaki Shirakawa said before a meeting of Group of 20 finance ministers and central bankers.

    With a close US presidential vote looming on Tuesday, as well as Congressional elections, there has been a delay in action to avert the fiscal cliff and there is uncertainty about whether Congress can reach a deal.

    European delegates at the G20 meeting in Mexico City were particularly keen for details on the US plan, according to those present at preparatory talks.

    Canadian Finance Minister Jim Flaherty said that in terms of short-term risks to the global economic outlook, the US fiscal cliff outweighed Europe's debt crisis.

    ?They may not deal with it until the 11th hour and the 55th minute but I expect that they'll do it just as they dealt with their banks in 2008,? he told reporters.

    South Korean Finance Minister Bahk Jae-wan forecast the global economy could suffer during the first quarter of 2013 because of uncertainty about the fiscal cliff.

    Nonetheless, he too was counting on Congress being able to find some kind of fix, telling Reuters: ?I think compared to the euro zone crisis the fiscal cliff issue is much easier to solve.?

    The euro crisis, which erupted more than two years ago, has eased after the European Central Bank said in September it was ready to buy more government debt. But investors are edgy about when or whether Spain will request an international bailout and how Greece's deep financial problems can be fixed.

    A draft communique being readied for the G20 policymakers said there were elevated risks facing the global economy, including Europe's crisis and potential problems in Japan.

    ?Global growth remains modest and risks remain elevated, including due to possible delays in the complex implementation of recent policy announcements in Europe, a potential sharp fiscal tightening in the United States and Japan, weaker growth in some emerging markets and additional supply shocks in some commodity markets,? the draft said, according to a G20 source.

    The final communique will be published once talks end on Monday.

    G20 officials said t he word ing on Europe referred to differences a mong E uropea n governments over how to build a banking union, considered an important way to bolster the bl oc's shaky f inancial system, during 2013. France, Spain and Italy have been frustrated with German demands for the new scheme.

    Few expect major agreements in Mexico with heavyweights such as US Treasury Secretary Timothy Geithner - expected to stand down after the US elections - European Central Bank chief Mario Draghi and top Chinese officials skipping the meeting.

    ?

    GERMANY PRESSES ON DEBTS, DEFICITS

    In a move that could revive tensions with the United States, Germany was pressing other countries on Sunday for new commitments on deficit and debt reduction targets beyond 2016.

    Germany, the euro zone's biggest economy which has faced criticism for its insistence on belt-tightening to restore confidence in the world economy, came to the meeting saying the United States and Japan shared as much responsibility as Europe for ensuring global economic stability.

    ?I think the focus is now increasingly balanced, on both the US and EU,? a euro zone official said. ?The difference being that there is recognition of and support for the EU efforts, while it is less clear how exactly the US should address its issue.?

    Most of the pressure on the United States to explain how the fiscal cliff can be avoided came from the European Commission, the executive body of the European Union, and from Germany, a senior G20 official said.

    Policymakers are scrambling to stem a new slowdown in a global economy still limping after the 2008-09 financial crisis.

    The G20's consensus of four years ago, which helped stave off the risk of a new depression, has given way to deep differences over issues such as spending to boost growth and the right pace of belt-tightening to tackle high debt levels.

    ?It won't be a straight choice between growth or fiscal rebuilding, such a debate has dangerous aspects,? an official from one G20 country said.

    Another official said the G20 would resolve the differences by focusing more on structural reforms and on fixed targets for cutting deficits in heavily indebted countries, independently of the pace of economic growth. That would allow countries such as Spain or Greece to meet their targets this year and next despite deeper than expected recessions.

    The International Monetary Fund last month cut its forecast for global growth to 3.6 percent for 2013, citing ?familiar? forces dragging on advanced economies: fiscal consolidation and a weak financial system.

    Officials are concerned about Japan's own version of the fiscal cliff, a potentially crippling funding shortfall just as it risks sliding into recession.

    US and European officials are likely to come under pressure from G20 peers for dragging their feet on implementing the so-called Basel III accords. They would require banks to set aside more capital - potentially hurting profits - which is one of the key global responses to the financial crisis.

    Countries which fail to introduce the rules could be punished, a Mexican finance official said. - Reuters

    Source: http://www.iol.co.za/us-fiscal-cliff-europe-s-debt-woes-worry-g20-1.1417848

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    How to Stop Workplace Gossip | Small Biz Daily

    4 Ways to Use Gossip as a Productivity Tool for Your Small Business

    Can you stop your employees from gossiping? Maybe you shouldn?t even try. In today?s guest post, Beverly Flaxington shares some surprising ways gossip can actually help your small business.

    Social scientists have long known that gossip isn?t just a frivolous pursuit or guilty pleasure. It creates power hierarchies, strengthens bonds, and is an important form of communication. But here?s some surprising news: You can use gossip as a powerful productivity tool in your business.

    It?s difficult to know how much one?s employees are gossiping, because gossip generally takes place in secret. But a fascinating new study (here?s the link) was able to learn how much people gossip at work by examining thousands of emails from the former Enron Corporation, and their findings were stunning. About 1 in 7 emails was gossip, or 14.7 percent. And that?s just emails!

    How much are your employees gossiping, and what are they talking about? You need to find out so you can turn this potentially negative distraction into a performance booster. Here?s how.

    1. Convene an ?obstacles session.? Hold a meeting in which you ask employees to define success. What do they want? What does success look like? Then ask them to list what?s not working, the obstacles they?re gossiping about, and how these are preventing success. Sometimes the gossip itself gets raised as an issue.
    2. Turn it into a problem-solving session. Get them to categorize their complaints into items they can control, those they can?t control but can influence, and those they have no control over. What ideas do they have? What would they need to do to solve the problem, and who will do it? Without realizing it, they?ll wind up with action plans.
    3. ?Return the topic to gossip. Ask them to analyze their gossip to determine its impact. For example, if an employee is talking about someone negatively, is it because she doesn?t like that person or because that person is preventing her from being successful? Help them see that gossip is a waste of work time unless it generates ideas to solve a real problem.
    4. Make gossip positive and proactive. Ask employees to brainstorm examples of negative, meaningless gossip. Now have them practice turning that into a positive, problem-solving conversation. For example, ?Sam always tries to make me look bad so he can look better.? (negative) ?I?m going to ask Sam how he can improve his sharing of data with me, because not doing so reflects poorly on me and our department.? (positive, proactive)

    Bottom line: Gossip, if left as gossip, can destroy a team or a company. But if the manager views gossip as an indicator of underlying issues that need to be addressed, he or she can use this as an opportunity to shed light on them and deal with them. If viewed an ?alert? or a source of information, gossip can be a goldmine for the manager who knows how to use it.

    Beverly Flaxington is a Certified Professional Behavioral Analyst (CPBA), hypnotherapist, and career and business adviser who specializes in helping managers and employees deal with difficult workplace relationships, performance issues, and goal achievement. Her previous book, Understanding Other People: The Five Secrets to Human Behavior, won a Gold Award from Readers Favorite for the best new book on workplace relationships. Her latest title is Make Your SHIFT: The Five Most Powerful Moves You Can Make to Get Where YOU Want to Go. Learn more at http://www.the-collaborative.com.

    ?

    Source: http://www.smallbizdaily.com/10167/4-ways-to-use-gossip-as-a-productivity-tool-for-your-small-business/

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    Egypt's Coptic church chooses new pope

    Acting Coptic Pope Pachomios, center, displays the name of 60-year-old Bishop Tawadros, soon to be Pope Tawadros II, during the papal election ceremony at the Coptic Cathedral in Cairo, Egypt, Sunday, Nov. 4, 2012. Egypt's ancient Coptic Christian church chose a new pope in an elaborate Sunday ceremony meant to invoke the will of God, in which a blindfolded boy drew the name of the next patriarch from a crystal chalice. (AP Photo/Nasser Nasser)

    Acting Coptic Pope Pachomios, center, displays the name of 60-year-old Bishop Tawadros, soon to be Pope Tawadros II, during the papal election ceremony at the Coptic Cathedral in Cairo, Egypt, Sunday, Nov. 4, 2012. Egypt's ancient Coptic Christian church chose a new pope in an elaborate Sunday ceremony meant to invoke the will of God, in which a blindfolded boy drew the name of the next patriarch from a crystal chalice. (AP Photo/Nasser Nasser)

    Acting Coptic Pope Pachomios, center, displays the name of 60-year-old Bishop Tawadros, soon to be Pope Tawadros II, while another clergyman displays the names of the remaining two candidates, Bishop Raphael and Father Raphael Ava Mina, during the papal election ceremony at the Coptic Cathedral in Cairo, Egypt, Sunday, Nov. 4, 2012. Egypt's ancient Coptic Christian church chose a new pope in an elaborate Sunday ceremony meant to invoke the will of God, in which a blindfolded boy drew the name of the next patriarch from a crystal chalice. (AP Photo/Nasser Nasser)

    Acting Coptic Pope Pachomios, center, blindfolds the boy elected to draw the name of the next patriarch from a crystal chalice, during the papal election ceremony at the Coptic Cathedral in Cairo, Egypt, Sunday, Nov. 4, 2012. Egypt's ancient Coptic Christian church chose a new pope in an elaborate Sunday ceremony meant to invoke the will of God, in which a blindfolded boy drew the name of the next patriarch from a crystal chalice. Bishop Tawadros will be ordained Nov. 18 as Pope Tawadros II, the spiritual leader of a community that increasingly fears for its future amid the rise of Islamists to power in the wake of the 2011 ouster of longtime authoritarian leader Hosni Mubarak.(AP Photo/Nasser Nasser)

    (AP) ? Egypt's ancient Coptic Christian church named a new pope on Sunday, chosen in an elaborate ceremony where a blindfolded boy drew the name of the next patriarch from a crystal chalice.

    Bishop Tawadros will be ordained Nov. 18 as Pope Tawadros II. He will be the spiritual leader of a community that increasingly fears for its future amid the rise of Islamists to power in the aftermath of last year's uprising.

    Many Copts, estimated to make up 10 percent of the country's 83 million people, will look to Tawadros to fill a void in leadership following the death of Pope Shenouda III, who led the church for 40 years. Shenouda's death at the of 88 this year heightened the sense of insecurity felt by many who had known him as patriarch for all or most of their lives.

    But some critics of Shenouda's papal style ? to act as an intermediary for Copts with the state ? hope the change will usher in a patriarch who is head of the church but not necessarily a political leader of the community.

    Egypt's Coptic Christians have long complained of discrimination by the state and the country's Muslim majority. Clashes with Muslims have occasionally broken out, often sparked by church construction, land disputes or Muslim-Christian love affairs.

    The prospects of a stronger role for Islamic law in legislation increase the community's concern of further marginalization, or of curtailing their rights of worship and expression.

    "We will pray that God will choose the good shepherd," acting Pope Pachomios told the packed Cairo cathedral as he sealed the chalice with three names inside with red wax before laying it on the altar during Mass.

    All three senior clerics whose names were in the chalice were considered consensus candidates who stayed out of disputes both within the church and with other groups, including Islamists.

    There was a moment of silence before the drawing by the blindfolded boy, an act believed to reflect God's will in the choice.

    Amid heavy police security around the Cairo cathedral, thousands of worshippers erupted in applause, tears and prayer when his name was announced.

    "I hope the new pope will listen to the youth of our community," 20 year-old engineering student Kirolos Zakaria said.

    Zakaria, like others, said he wants the Christian community in Egypt to participate more in politics, but he wants the pope to refrain from getting engaged.

    Volunteering at the Mass, 27 year-old Peter Nasser said he hopes the new pope will raise the profile of Christians in Egypt.

    "The situation for us in Egypt is not stable," he said. "We hope the incoming pope will make our problems known to the outside world."

    Nasser said he believes that the current government, led by President Mohammed Morsi of the Islamist Muslim Brotherhood, does not work in the interest of all Egyptians and discriminates against minorities.

    The Brotherhood and its leader, Mohammed Badie, congratulated the church and Tawadros in statements on Sunday.

    Tawadros faces tremendous challenges as the country's transition to democracy is marred by a deep rift between increasingly politically powerful Islamist groups, from which the country's new president hails, and the liberal and secularist groups who were initially behind the revolt that ousted Mubarak last year.

    At the center of the political squabbling in Egypt is the role of Islam in the country's new constitution, currently being drafted. The Christians, along with liberal and secularists, oppose demands by Islamists to increase the role of Islamic Shariah law. The prospects of a stronger role for Islamic law in legislation increase the community's concern of further marginalization, or of curtailing of their rights of worship and expression.

    Morsi has named a number of Christians as advisors and vowed to work closely with the community, but Christians are skeptical. Late Saturday, Pachomios said during a popular TV program on the private station al-Nahar that Christians have never held senior state posts or leading positions such as university deans in Egypt's modern history. He also insisted there be no clause in the constitution allowing state monitoring of the church's finances, a demand often made by Islamists.

    Sunday's papal election comes during a shift in Christian attitudes toward their relation to the state. For years, Christians largely relied on the church to secure protection for their rights, using former Pope Shenouda's close relationship with authoritarian President Hosni Mubarak.

    But even with that relationship, Copts continued to face attacks from radical Islamists, and local disputes with their neighbors sometimes flared into deadly violence. Rights groups say Mubarak's police were lax in pursuing and punishing offenders. Few Copts were named to genuinely powerful posts in government.

    On New Year's Eve 2011, the bombing of a Mass in Alexandria killed 21 people ? the worst attack against Copts in at least a decade. No suspects are currently in custody in relation to the attack.

    In October 2011, after Mubarak's ouster, soldiers drove armored vehicles into a crowd in Cairo protesting the country's transitional military rulers' failure to protect Copts. Twenty-six people, mostly Copts, were killed.

    Despite or perhaps because of the Copts' uneasy status, Shenouda had longstanding critics within the community who asked why a cleric should act as an intermediary between them and the state. Others said that he was too close to the former regime and did not take strong enough stances. Following the uprising and the pope's death, more Copts, particularly the youth, have been emboldened to act outside the church to independently demand rights, better representation and freedom of worship.

    According to Egypt's state-run MENA news agency, the new pope was born Wagih Sahby Baqi Soleiman. He is a former pharmacist who graduated with a bachelor's degree in 1975 from the main university in Egypt's northern coastal city of Alexandria before studying in England in 1985. He briefly managed a government-run pharmaceutical lab in Egypt until he went to a monastery in Wadi Natrun in 1986 where he studied religion for two years. He was ordained a priest in 1989.

    Tawadros, whom MENA reported turned 60 the same day his name was selected to become Egypt's new pope, was formerly an aide to the acting pope.

    The process of electing a new pope began weeks ago, when a committee from the church narrowed the list of potential candidates from 17 down to five monks and bishops. On Monday, about 2,400 clergymen and church notables drew up a short list of three that also included Bishop Raphael, 54, once an aide to the late Pope Shenouda, and Father Raphael Ava Mina, the oldest among them at 70, a monk in a monastery near Alexandria and a student of the pope who preceded Shenouda.

    MENA reported that Tawadros received more than 1,600 votes in Monday's shortlist voting.

    None of the candidates attended the ceremony, and are instead praying in their respective monasteries. MENA says church leaders will head to Tawadros's retreat in the monastery complex of Wadi Natrun northeast of Cairo to congratulate him.

    ____

    Additional reporting by Sarah El Deeb.

    Associated Press

    Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-11-04-Egypt-Pope/id-5f01a5720f7d47c49c483e62aa958068

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